Wagepoint Vs Gusto – Selecting The Better HR Software

Payroll Processing

Wagepoint’s payroll system is designed for efficiency, offering automated payroll runs to reduce administrative workload and minimize errors. It automates employee and contractor payments, ensuring accurate and timely payroll management. With built-in direct deposit and an in-app payroll calendar, businesses can effortlessly pay their employees without any delays.

Furthermore, the software also generates year-end tax forms such as T4s and T4As, helping businesses stay compliant without the hassle of manual calculations. Wagepoint also includes an employee self-service portal where staff can view pay stubs and tax documents, eliminating the need for paper records.

Gusto automates payroll calculations, tax filings, and direct deposits, ensuring compliance with federal, state, and local regulations. Employees can be paid via direct deposit or check, and Gusto handles payroll tax filings on behalf of employers, reducing the administrative burden. The platform also provides features like automatic payroll runs, off-cycle payments, and integrations with accounting software.

For businesses with international teams, Gusto’s global payroll capabilities extend beyond the U.S., enabling companies to hire and pay employees and contractors in over 120 countries. Through its partnership with local providers, it ensures compliance with international labor laws, tax regulations, and benefits requirements. Employers can manage cross-border payments seamlessly, handling multiple currencies and payment methods through a centralized platform.

Time And Attendance

Wagepoint offers time and attendance tracking capabilities through a separate solution called 'Time by Wagepoint'. It enables employees to easily clock in and out using a digital time clock, ensuring accurate and real-time tracking of work hours. This eliminates manual timesheets and reduces the risk of errors, helping businesses maintain precise records for payroll processing.

Seamlessly integrated with Wagepoint Payroll, this module ensures approved work hours, overtime, and breaks are automatically reflected in payroll calculations.

Gusto simplifies time and attendance tracking by centralizing time management needs into one easy-to-use platform. It eliminates the need for manual data entry and juggling multiple tools for scheduling, time tracking, and payroll.

With this software, employees can effortlessly clock in and out using any web browser or the Gusto Wallet app, available on both iOS and Android. The Time Kiosk feature further streamlines this process, which turns any tablet into a time clock. It also supports flexible work arrangements like remote work or flextime with geofenced work sites, ensuring employees can clock in and out based on location.

Additionally, the software makes it easy to create, view, and share schedules, reducing the risk of conflicts like double-booking or leaving shifts uncovered.

Onboarding

Wagepoint transforms employee onboarding into an efficient and streamlined process. The software allows businesses to create a personalized welcome page for each new hire, accessible from anywhere at any time. It particularly stands out for its ability to assign and track hiring tasks across the entire team, from IT staff to the new hires themselves.

With ‘People by Wagepoint,’ businesses can create reusable task templates for different types of hires, ensuring consistency and efficiency throughout the process. Furthermore, all employee paperwork can be assigned, tracked, and digitally signed, eliminating the need for printing and paperwork mishaps.

Gusto provides a simple, reliable checklist for each new hire to streamline the employee onboarding process. This checklist ensures that all essential tasks, such as getting the necessary forms signed and setting up benefits, are completed efficiently. The platform allows HR managers to customize the list by adding their own items or even delegating specific tasks to others.

This makes onboarding not only easier but also more organized, allowing users to focus on other priorities while ensuring that nothing falls through the cracks.

Ease Of Use

Wagepoint has garnered widespread acclaim for its intuitive interface, making payroll processing straightforward for small businesses. Users consistently highlight the platform's simplicity and ease of navigation for both managers and employees.

Beyond its intuitive design, its setup process is streamlined to facilitate quick and hassle-free implementation. This emphasis on user experience ensures even those with minimal payroll expertise can manage their processes efficiently.

Gusto is widely praised for its user-friendly interface, which automates payroll and streamlines HR processes. Users frequently commend the platform's clean layout, easy navigation, and efficient automation features that streamline administrative processes.

However, some users feel that Gusto's interface lacks advanced customization options, which may limit its adaptability for businesses with unique requirements.

Pricing

Wagepoint offers flexible, modular pricing, allowing companies to choose the features they need and pay only for what they use. Its plans include:

Payroll

• Solo - $20/month + $4 per employee/contractor
• Unlimited - $40/month + $5 per employee/contractor

People by Wagepoint:

• Startup - $3/user/month
• Studio - $5/user/month
• Growth - $6/user/month
• Enterprise – Custom pricing

Time By Wagepoint:

• 0-5 users - $20/month
• 6+ users - $4/active user/month

Each plan comes with a free, 14-day trial period, giving companies the opportunity to explore the features and determine the best fit for their needs before committing.

Gusto offers three different pricing plans designed for businesses at different stages. These include:

• Simple - $49/month + $6/person/month
• Plus - $80/month + $12/person/month
• Premium - $180/month + $22/person/month

Additionally, there’s a contractor-only plan for businesses without W-2 employees. It costs $35/month + $6/contractor/month.